French official industrial output slides 0.7% in October

10th December 2012, Comments 0 comments

French industrial output slid 0.7% in October from September, when it had plunged by 2.7 percent on a monthly basis, the national statistics agency INSEE said Monday.

In the manufacturing sector the decline was greater at 0.9 percent in October, after a 3.4 percent fall in September.

Industrial production was nearly stable on a three-month running basis, however.

Output in August to October dipped by only 0.1 percent from the May to July period, said INSEE.

Manufacturing showed a 0.1 percent gain for that period.


© 2012 AFP

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